Caretaker govt will take Greece to risky repeat vote
ATHENS (Reuters) - Greek political leaders meet on Wednesday to form a caretaker government that will lead the country into its second election in just over a month, with Greece's euro membership at stake in a mounting crisis rocking world markets. Parties deeply divided over an unpopular EU-IMF rescue plan threw in the towel on Tuesday after nine days of failed attempts to put together a coalition, hitting heavyweight financial stocks as investors worried at the prospect that the euro zone weakling would remain in limbo for at least another month. ...
AMR pilots see $130 million savings from U.S. Air merger
(Reuters) - The lead labor negotiator for AMR Corp pilots said a merger between AMR and competitor US Airways could save $130 million a year in cuts to bankrupt airline's pilots' union. Neal Roghair, testifying in U.S. Bankruptcy Court in Manhattan, said a merger would lower to about $240 million the projected annual cuts from the Allied Pilots' Association, which represents 10,000 pilots at American Airlines' bankrupt parent. ...
Johnson takes lead as McIlroy heads home
Zach Johnson, Matt Kuchar and Kevin Na share the lead going into the weekend at The Players Championship.
Johnson takes The Players lead, McIlroy heads home
Zach Johnson made eight birdies Friday for a 6-under 66 that gave him a one-shot lead among the early starters at The Players Championship.
Exclusive: Shell in talks to cut Iraq’s Majnoon output target
BAGHDAD (Reuters) - Royal Dutch Shell is in talks with Iraq to cut the production target for the Majnoon oilfield, oil ministry documents show, in a move that may prompt discussions with other companies and lead to a downsizing of the country's unrealistic output goals. The documents, seen by Reuters, mention a reduction in the target at the super-giant Majnoon field to 1 million barrels per day from 1.8 million bpd. ...
Candidates against austerity lead in Italian vote
Several candidates opposed to austerity measures were making a strong showing Monday in partial results from Italy's local elections — the first nationwide test for Premier Mario Monti since he was named to save Italy from its debt crisis.
Bryant, Bynum lead Lakers to 3-1 edge over Nuggets
Kobe Bryant scored 22 points, Andrew Bynum added 19 and the Los Angeles Lakers' stars got plenty of help from their supporting cast in a 92-88 win over the Denver Nuggets on Sunday night for a 3-1 lead in their first-round playoff series.
Pierce helps Celtics top Hawks for 3-1 series lead
Paul Pierce scored 24 points in 18 minutes and the Boston Celtics opened a 37-point third-quarter lead before coasting to a 101-79 victory over the Atlanta Hawks on Sunday night to take a 3-1 lead in the best-of-seven series.
76ers top Bulls 89-82 for 3-1 series lead
Spencer Hawes scored 22 points and Jrue Holiday had 20 to help the surprising Philadelphia 76ers beat the Chicago Bulls 89-82 on Sunday and take a 3-1 lead in their Eastern Conference playoff series.
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